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poverty (B)<br />1 Low income per person.<br /> 2 The state of being below an arbitrary income level and regarded as poor by a particular society. When a society upgrades what it regards as minimal sub- sistence, it immediately statistically enlarges the poor sector of its population. In less developed countries, with large agricultural sectors, income and earnings figures are not always available so indirect measures, e.g. the rates of change of unemployment and food consumption, and the lack of technical progress are used as poverty indicators.<br /><em>Reference</em><br />Schiller, B.R. (1989) Economics of Povert y and Discrimination, 5th edn, Englewood Cliffs, NJ: Prentice HalL Sen, A. (1981) Poverty and Famines: An Essay on Entitlement and Deprivation, New York: Oxford University Press.<br /> - (1983) On Economic Inequality, Oxford: Clarendon Press.<br /> Townsend, P. (1979) Poverty in the United Kingdom, Harmondsworth: Penguin. Zheng, B. (1997) 'Aggregate poverty measures', Journal of Economic Surveys 11:123 - 62.
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autonomous consumption (E2)<br /> Consumption unrelated to the level of income. At zero income, in the short run, there can be autonomous consumption to maintain physical existence.
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